price hike

USAGE SUMMARY

"price hike" is a correct and usable phrase in written English.
You could use it to discuss an increase in prices, such as: "Retailers were forced to impose a price hike due to rising operational costs."

✓ Grammatically correct

News & Media

Science

Human-verified examples from authoritative sources

Exact Expressions

57 human-written examples

Consider a local newspaper considering a price hike.

The Economist

Several New Yorkers didn't take the price hike lightly.

The New York Times

He added: "This price hike is big, and is nasty.

The Guardian - Money

Alton later said the price hike "made us very vulnerable".

The Guardian

Operators cited higher gas prices and the impact of the payroll price hike.

The New York Times

This analysis is being done separately to the company's price hike request.

Independent

(The price hike hits new customers immediately, and existing customers on Sept. 1).

The New York Times

4 02 p.m. | Updated Removing commentary from an analyst who called this a price hike.

The New York Times

But the fuel price hike fed into an already high inflation, causing widespread unrest.

The Economist

Human-verified similar examples from authoritative sources

Similar Expressions

2 human-written examples

The fuel price hike had provoked mass protests and a transport strike.

BBC

When the rich world stuttered after the first OPEC oil-price hike in 1973, Britain stalled.

The Economist

Expert writing Tips

Best practice

When discussing a "price hike", clearly specify the product, service, or sector affected to provide context and avoid ambiguity.

Common error

Avoid assuming a "price hike" is the sole cause of an outcome without sufficient evidence. It's essential to consider other contributing factors that may influence the situation.

Linguistic Context

The phrase "price hike" functions primarily as a noun phrase, often serving as the subject or object of a sentence. It denotes an instance of rising prices, frequently appearing in news and economic discussions. Ludwig AI confirms that the phrase is valid and widely used.

Expression frequency: Very common

Frequent in

News & Media

75%

Science

15%

Formal & Business

5%

Less common in

Wiki

2%

Encyclopedias

1%

Reference

2%

Ludwig's WRAP-UP

The term "price hike" is a common noun phrase referring to an increase in prices, as affirmed by Ludwig AI. It is grammatically correct and frequently used in news and media to report on rising costs across various sectors. While generally neutral, its formality can shift based on context, with alternatives like "price increase" preferred in more formal settings. The usage analysis reveals that "price hike" is most prevalent in news and media, followed by scientific contexts, and less common in encyclopedias and references. When using "price hike", ensure to specify the affected product or service for clarity, and avoid attributing causation without considering other factors.

More alternative expressions

Phrases that express similar concepts, ordered by semantic similarity:

price increase

Simple replacement of 'hike' with 'increase', maintaining the same meaning.

rise in prices

Rephrases the concept using a different structure and vocabulary.

cost increase

Focuses on the increase in cost, a more general term.

spike in prices

Implies a sudden and sharp increase in prices.

surge in prices

Similar to 'spike', suggesting a rapid and significant increase.

fare increase

Specifies the increase applies to transportation fares.

rate hike

Specifically refers to an increase in rates, often in utilities or finance.

escalation of prices

Suggests a gradual and continuous increase in prices.

mark-up

Refers to the amount added to the cost price to determine the selling price.

inflation

Refers to a general increase in prices and fall in the purchasing value of money.

FAQs

How can I use "price hike" in a sentence?

You can use "price hike" to describe an increase in the cost of goods or services, as in "The recent "price hike" for gasoline has affected many commuters."

What's a more formal way to say "price hike"?

A more formal alternative to "price hike" is "price increase", which conveys the same meaning in a professional context.

What are some other words to describe a "price hike"?

Synonyms for "price hike" include "rise in prices", "cost increase", or "rate hike", depending on the context.

Is it better to say "price hike" or "price gouging"?

"Price hike" is a neutral term for an increase in price. "Price gouging" implies that the price increase is exploitative and unreasonable. The choice depends on the specific context and the intent you want to convey.